The information provided in this document, including financial and economic data, quotes and any analysis or interpretation thereof, is provided solely on an information basis and shall not be interpreted in any jurisdiction as advice or a recommendation with respect to the purchase or sale of any derivative instrument or underlying security or as legal, accounting, financial or tax advice. Bourse de Montréal Inc. recommends that you consult your own experts in accordance with your needs. All references in this document to specifications, rules and obligations concerning a product are subject to the Rules and Policies of Bourse de Montréal Inc. and its clearinghouse, the Canadian Derivatives Clearing Corporation. Although care has been taken in the preparation of this document, Bourse de Montréal Inc. takes no responsibility for errors or omissions and it reserves the right to amend or review, at any time and without prior notice, the content of this document. Bourse de Montréal Inc., its directors, officers, employees and agents will not be liable for damages, losses or costs incurred as a result of the use of any information appearing in this document. 

The foreign exchange (FX) market is one of the most liquid financial markets in the world, with an average daily turnover of almost US$5.1 trillion in 2016. Currency options allow Canadian investors to implement both speculation and hedging strategies, with the same ease of execution as buying stocks and ETF options.

© Bourse de Montréal Inc, June 2019

PDAC 2019


Attending PDAC? TMX Group will have a booth located at 2917, speak to a TSX and TSXV representative. We will be on location March 3rd-6th.

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Reference Manual

Risk Management

Hedge a U.S. portfolio or overseas cash flow


Trade a directional view on the U.S. dollar


Option strategy based on your U.S. dollar outlook

July 25, 2019, at 1:00 p.m. ET


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As a Canadian investor, you may face currency risk when investing in American stocks. In this webinar, Derivative Market Specialist will explore the currency markets, with a focus on managing U.S. dollar risk. He'll also review key considerations related to owning U.S. dollars, and ways to hedge currency risk with U.S. dollar options available in the Canadian options market. 

Currency Options


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Upcoming Webinars

Topic: The Montreal Exchange on Options and U.S. Dollar Currency Exposure

August 5, 2019, at 12:00 p.m. ET

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USX – Options on the US Dollar

Patrick Ceresna

Martin Noël